Mex breaks up out of downtrend Hello,
The first good sign for mex is here, it broke out of the downtrend.
This is good news, lets see where it takes us.
Greetings!
Maiarexchange
1.65 million EGLD hack. $113 million Elrond eGold stolen!The decentralized exchange Maiar, native to the Elrond blockchain, has been temporarily taken offline after an attacker deployed a smart contract that allowed him to withdraw over 1.65 million EGLD.
The attacker sold around 800,000 EGLD, worth around $54 million.
The price of EGLD on Maiar went from $76 to around $5.
After this first critical bug issue on Maiar, my buy area for EGLD is $26.
Elrond and the rest of the market going to the moon!Most likely this year we will see the largest transfer of wealth in crypto. Just be patient!
$eGLD and its path North Barring anymore major rugs from btc, I see this for the near-term bull case. There are many catalysts pending for Elrond which will be updated at the next Town Hall meeting, which I think will contain info that takes this much further North than what I've laid out on this chart. $egld for the win!
(EGLD) On the verge to the rise ? 🤔Hello everyone !
Today the Black Cat Trader is analyzing Egold (EGLD) based on a weekly chart 📈
What we can see :
- Prices got rejected by the 1.618 fib extension on the last ATH candle
- Right now, prices are supported by the uptrend line (which acts as a strong support since October 2021), plus the intermediary lower line of the pitchfork.
- On the other hand, prices are located UNDER the MM20 and the EMA21 which act as strong resistances.
- We can also identify a bearish divergence on the RSI and a bearish cross over on the MACD. The spreads on Binance seems to high too…
What we can expect :
If EGLD manages to hold the uptrend line, we can expect prices to reach upper levels. But , there are several major resistances to break to make new ATH..
Resistance 1 : MM20 / EMA21
Resistance 2 : Kijun / median line of the pitchfork
Resistance 3 : Tenkan / 1.618 fib extension
Support 1 : Uptrend line
Supports 2 : Intermediary lower line of the pitchfork
Supports 3 : MM50 / Lower line of the pitchfork
TP1 : 443 $
TP2 : 677 $
TP3 : 924 $
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
EGLD is going directly to $2400 or needs a correction till $252?EGLD is in the 2.6BC and the median line resistances area.
crab harmonic pattern:
X=$423
AB=0.61 XA
BC=0.38 AB
1.6 BC=$91
2 BC=$170
2.24 BC=$252
2.6 BC=$467
3.6 BC=$2400
1.6 XA=$26000
EGLD - maybe a great opportunity We are waiting for another pump these days considering the launch of RIDE token( the native token of Holoride project) on the Maiar DEX.
Keep an eye on EGLD.
EGLD - I see the bottomI see 400 as a botton for egld,
it really depends on the volume!! if it goes up as last weeks it's gonna explode again
said before! 1000 easily reachable
UNDERVALUED AF, and this is NOT A FA
